Daimler to chop 1,100 managing positions worldwide, report says
FRANKFURT — Daimler will reduce 1,100 management positions worldwide, or about 10 % of its administration, a German every day paper mentioned.
The job cuts are a part of sweeping value reductions deliberate by CEO Ola Kallenius, the Sueddeutsche Zeitung said on Friday.
The paper cited as its supply a publication circulated by the corporate’s works council.
A spokesman for Daimler’s works council declined to remark.
Kallenius is because of give a method replace later this month.
Mercedes-Benz proprietor Daimler mentioned it was engaged on a value evaluation in order that the automobile, truck and bus maker can stay aggressive going ahead.
Particulars will likely be revealed throughout the automaker’s capital markets day on Nov. 14.
“We’re in constructive talks with worker representatives and can’t touch upon hypothesis,” Daimler mentioned.